PIZZA HUT & VALUE CHAIN ANALYSIS: About Value Chain Analysis: Value Chain Analysis describes the activities that take place in a business and relates them to an analysis of the competitive strength of the business. A value chain identifies and isolates the various economic value adding activities such as differentiating a product‚ lowering the cost‚ and meeting need quickly that occur some way in every firm. It portrays activities required to create value for customers of a given product or service
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Alternative beverages competed on the basis of differentiation from traditional drinks such as carbonated soft drinks or fruit juices. The market started out with low competition‚ however that is rapidly changing as many new product lines enter and profit margins will inevitably suffer from the price reduction. The rest of the beverage industry is faced with low profit margins because of high competition and little ability to differentiate products. The alternative beverage segment help companies
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2.1 Strategic Cost Management and the Value Chain Introduction This article by John K. Shank and Vijay Govindarajan discuss in depth on the Strategic Cost Management (SCG) and the Value Chain concept applied in real world situation from the airline industry. The Value Chain concept is divided into two (2) main strategies which are the Low-Cost Strategy and Differentiation Strategy. From the article also‚ Shank and Govindasamy stated that the primary focus of a low cost strategy is to achieve the
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Programme: BTEC Higher National Diploma (HND) in Hospitality Management Unit Number and Tittle: Food and Beverage Operations Management (Unit 5) Unit Level: L/601/1971 (Level 4) Module Tutor: Dr. Sam Hazra Learner: GERGANA TSAREVA College ID: GT21132 Submission date: 25th March MARCH 2013 PAGE OF CONTENT 1. LO1. Understand different food and beverage production and service systems……………….3 2. 1.1Characteristics of food production…………………………………………………………………………………………3 3. 1.2 Factors affecting
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the constraints in conducting an effective value chain analysis? | |While conducting a value chain analysis companies may face different types of constraints in having an effective process. Although‚ the | |value chain analysis may have constraints‚ it is a very flexible strategy tool for looking at your business‚ your competitors‚ and the | |respective places in the industry’s value system (Simister‚ P. 2011). One of the biggest
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INTRODUCTION OF BEVERAGE The Beverage is any portable drinking water except plain drinking water. The word "beverage" has been derived from the Latin word "Bever"‚ which means rest or repose from the work. Beverage refer as drinks such as wine‚ spirits‚ beer‚ liqueurs‚ aerated drinks‚ juices‚ tea‚ coffee‚ hot chocolate etc. In hospitality terminology‚ there are two types of drinks such as alcoholic & non-alcoholic‚ which is just consumed by human being‚ either to quench the thirst or refreshment
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Tesco Value chain Analysis The term ‘Value Chain’ was used by Michael Porter in his book "Competitive Advantage: Creating and Sustaining superior Performance" (1985). The value chain analysis describes the activities the organization performs and links them to the organizations competitive position. According to Lynch (2003)‚ value chain is defined as the links between key value adding activities and their interface with the support activities. Value chain analysis is a means for evaluating the
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HISTORY OF BEVERAGES/SOFT DRINK: Soft drinks can trace their history back to the mineral water found in natural springs. Bathing in natural springs has long been considered a healthy thing to do; and mineral water was said to have curative powers. Scientists soon discovered that gas carbonium or carbon dioxide was behind the bubbles in natural mineral water. The first marketed soft drinks (non-carbonated) appeared in the 17th century. They were made from water and lemon juice sweetened with honey
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Starbucks Case: Starbucks’ Value Chain A value chain is used to identify key areas of a corporation‚ including their resources and what they may achieve. The value chain is made up of key primary and secondary activities‚ which differentiate a business from others and creates a competitive advantage. The primary activities include inbound logistics‚ operations‚ outbound logistics‚ marketing/sales‚ and services. Secondary activities are made up of the firm infrastructure‚ human resource management
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Supply Chain Management of a Service Organization (Insurance Company) – By Roshan Collas ----------------------------------------------------------------------------------------------------------------- Assignment 01 You have been recently appointed as the supply chain consultant to a company (Choose a local organization that you work with or one which you are familiar with. The organization may be any type of company offering a product or service being sold locally or internationally).
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